Tuesday, October 27, 2009

American Electric Power Declares Quarterly Dividend

COLUMBUS, Ohio -- The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company's common stock.

The dividend is payable Dec. 10, 2009, to shareholders of record as of Nov. 10, 2009, and is the company's 398th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.

American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio.

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